Month: November 2020

Let’s take a short break from the election drama, and look at 5G. The new wave in networking technology, 5G has sparked an ongoing revolution in the way wireless connections are made. The new network systems offer far higher speeds, much lower latency, and greater data capacity than existing 4G networks, and the implications for high-tech are enormous. Internet of Things, autonomous cars, teledoctor facilities, streaming on demand – all of these segments look to gain from 5G, alongside ordinary cellular and mobile technology.With so many changes in the offing, it’s a cinch that some companies in 5G-related sectors are …read more […]

The Federal Reserve will announce its policy decision at 2 p.m. ET. …read more […]

Shareholders of UnitedHealth Group Incorporated (NYSE:UNH) will be pleased this week, given that the stock price is up… …read more […]

(Bloomberg) — Hanesbrands Inc. shares plunged as much as 16% after the company reported a review of its business and a slump in sales at a time when everyone’s wearing sweatpants.As consumers stay away from sporting events and college bookstores, the maker of Champion athletic gear saw revenue for the U.S. activewear segment decline 41% during the third quarter, the company said in a statement. Even excluding the C9 brand, which Target Corp. stopped selling in January, activewear sales declined 27% in its home market.While the Champion brand specifically saw improvements from the prior quarter, it wasn’t enough to offset …read more […]

iQIYI, Inc. (NASDAQ:IQ) received a lot of attention from a substantial price increase on the NASDAQGS over the last… …read more […]

Microsoft’s Xbox Series X is a monster of a console with huge amounts of promise. …read more […]

(Bloomberg) — Skyrocketing bullion prices helped Barrick Gold Corp. generate record amounts of cash — and shareholders are getting rewarded with another dividend hike.The world’s second-largest gold producer spun out $1.3 billion of free cash flow in the third quarter, prompting the company to hike its quarterly payout for a third time in the past year. Barrick reported quarterly earnings and revenue that topped analysts’ estimates on Thursday, as surging bullion prices helped offset the impacts of the coronavirus pandemic on its business.“In the face of unprecedented challenges we have succeeded in beating our earnings consensus, reinforcing our 10-year plan …read more […]

Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them… …read more […]

International Business Machines Corp on Thursday became the latest U.S. technology company to launch a cloud platform directed at telecom operators deploying 5G and signed up Nokia and Samsung as partners. A cloud platform uses software instead of physical equipment to do network functions, helping telecom operators to build 5G networks faster, reduce costs and sell customised services to business clients. …read more […]

After setting up an account for a proper Stockpile review, the offerings appeared sparse. But it became clear very quickly that’s by design.
Stockpile is not your average brokerage. It’s not trying to be everything, and it’s good at what it does… but it’s not going to replace an average investor’s brokerage. Let’s get into why that is.

Growing up, every year my grandfather gifted me savings bonds on my birthday. I didn’t appreciate them at all at the time. But I sure did when it came time to buy my first car and found that I had a couple extra grand …read more […]

Stock futures jumped Thursday morning to extend a rally from a day earlier, as traders homed in on the outcome of the U.S. election with several key states’ results still hanging in balance. …read more […]